What does 'Import substitution' mean ?

Changing imported goods with goods that are produced at home

Application Portfolio Management

What is the difference between a grant and a loan ?

A grant is non‐repayable whereas a loan must be paid back

The increase in the price of goods and services over time.

Debt Servicing is the interest....

Payments on the national debt paid by the government

What does the word 'accretion' mean ?

Growth or increase in the value or amount of something.

What does the word 'Autarky' mean ?

A country should not take part in international trade.

Explain the term ‘Hire Purchase’

A person pays for a thing in instalments to use it.

Filled by an employee to obtain a Tax Credit Certificate

In business hierarchy, what is the marzipan layer ?

The group of managers below the highest level of directors

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Business Quiz

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Questions 17

Answers

1
What does 'Import substitution' mean ?
Is when extra VAT is charged to a good or service.
Changing imported goods with goods that are produced at home
When exports from a country are deemed high quality.
Changing the name of a product due to foreign restrictions
2
In what year was Facebook founded ?
2002
2004
2003
2006
3
APM stands for ?
Applied Person Management
Automatic Portfolio Management
Application Portfolio Management
Automated Paid Member
4
Which of these are not examples of oral communication ?
Meetings
Social Media
Seminars
SMS messaging
5
Who is the taoiseach of ireland now ?
Enda Kenny
Simon Harris
Michael D. Higgins
Leo Varadkar
6
What age is Donald Trump ?
68
71
70
75
7
What is the difference between a grant and a loan ?
Loans are giving to you by banks while grants are not.
Loans aren't charged interest, while grants are.
A grant is non‐repayable whereas a loan must be paid back
8
D.I.R.T stands for ?
Deposit In-debt Relief Tax
Debit Intentionally Retained Tax
Debit Interest Related Tax
Deposit Interest Retention Tax
9
What is inflation ?
When price of goods collapse due to economic issues
The increase in the price of goods and services over time.
When a company borrows more money than it can afford
10
Which of these are not part of the 'Four P's of Marketing' ?
Policies
Promotion
Product
Price
11
Which Of These Businesses Were Founded First ?
Spotify
Facebook
Twitter
Netflix
12
Debt Servicing is the interest....
Payments on the national debt paid by the government
Government pay to local companies
That is payed by TV companies to allow advertising
13
What does the word 'accretion' mean ?
Incline or decline of sales
Taxes that are flexible
Growth of a product that is second hand
Growth or increase in the value or amount of something.
14
What does the word 'Autarky' mean ?
A country should take part in trade.
A country should never allow itself to go into debt.
A country should look to encourage insider trading.
A country should not take part in international trade.
15
Explain the term ‘Hire Purchase’
When prices go up due to the economy
A person pays for a thing in instalments to use it.
The market that isn't researched
It's a payment made when companies are bankrupt
16
What is a Form 12
Filled by an employee to obtain a Tax Credit Certificate
A form filled out at an AGM
When a person is hired, he receives this from his employer
Filled by an employer to get Tax Returns
17
In business hierarchy, what is the marzipan layer ?
The group of workers just above the lowest level of managers
All the workers in the organisation
The CEO of the entire organisation
The group of managers below the highest level of directors

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